Lookonchain reported that an anonymous whale address (starting with 0xff84) opened a $102.63 million Bitcoin short position on the decentralized perpetual futures exchange Hyperliquid (HYPE). This address deposited 2.44 million USDC into Hyperliquid to open a short position of 1,600 BTC (approximately $102.6 million), with a leverage of 40x. The entry price is $64,202.4, and the liquidation price is $64,888.97. Meanwhile, according to CoinMarketCap, BTC is currently trading at $64,013.71, up 1.1%.
